Precision Fabrication

What Precision Fabrication does

Precision Fabrication Inc. is a privately held, owner-operated custom metal fabrication shop headquartered at 710 Hanover Street in Fort Wayne, Indiana, founded in 1970. The company operates a 12,000-square-foot facility equipped with four 3-ton overhead cranes and runs a portfolio of services including fiber-laser cutting (SLTL Infinity, one of only two in the US), waterjet cutting (two OMAX Jet Machining Centers including a Tilt-A-Jet variant), plate and angle rolling (three rollers from 6' to 10'), press brake bending, hydraulic shearing, custom mold making, and certified MIG/TIG/arc welding. It works in aluminum, mild steel, stainless steel, copper, brass, and other materials, and routinely takes on projects up to 60' x 14'.

The business serves industrial and manufacturing customers across diverse end-uses, including steel building components, agricultural feed systems, marine boat-seat molds, industrial tanks up to 10,000-gallon capacity, and custom metal art and signage. Commercial motion is direct-sales-led: customers engage via phone, email, or website form, projects are scoped one-on-one with the fab team, and pricing is quoted per-project based on specifications, materials, and complexity rather than via published rate cards. The company employs approximately 11 people including three owners (Mike Sponseller, Joe Heathman, Bernie Rupe) and four certified welders with 125+ years of combined welding experience.

Precision Fabrication generates revenue through one-time project-based contracts with no subscription, retainer, or licensing component. Distribution is regional Midwest US, with no disclosed international footprint, no institutional investors, no subsidiaries, and no M&A activity. Marketing is limited to the company's website showcase of capabilities and a small portfolio of completed custom projects; there are no social channels, no app presence, and no API/SDK surface. The result is a bootstrapped, self-funded industrial services business that has grown organically over five decades and remains tightly held by its working owners.

Name

Precision Fabrication

Legal name

Precision Fabrication Inc.

Website

https://prefabfw.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

1–10 employees

Short description

Precision Fabrication is a privately held, owner-operated custom metal fabrication shop in Fort Wayne, Indiana, founded in 1970, serving industrial and manufacturing customers across the Midwest with laser cutting, waterjet cutting, rolling, bending, welding, and custom mold services.

Ownership category

akta.pro rank

Product category

Metal Fabrication Services

NAICS

Other Fabricated Metal Product Manufacturing (3329), All Other Fabricated Metal Product Manufacturing (33299)

SIC

Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Custom metal fabrication
• Laser cutting services
• Water jet cutting
• Steel fabrication shop
• Welding services

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Custom Metal Fabrication: Custom fabrication services producing finished products from aluminum, mild steel, and stainless steel. Revenue is generated through project-based work with pricing determined by specifications, materials, and complexity of each custom order.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Precision Fabrication is a custom metal fabrication shop providing laser cutting, water jet cutting, plate and angle rolling, press brake bending, shearing, welding, and custom mold making services. Operating from a 12,000-square-foot facility in Fort Wayne, Indiana, the company produces finished metal components from aluminum, mild steel, stainless steel, copper, and brass for industrial customers across the Midwest United States.

Product overview

Precision Fabrication is a metal fabrication shop offering a comprehensive suite of manufacturing services at their 12,000-square-foot Fort Wayne, Indiana facility. Their service portfolio includes laser cutting (using the SLTL Infinity Laser Cutter), water jet cutting (via two OMAX Jet Machining Centers), plate and angle rolling, custom mold making, press brake bending and forming, shearing, welding, and custom metal art and signs. The company operates specialized equipment including the SLTL Infinity Laser Cutter, OMAX 80160 Tilt-A-Jet and OMAX 80X Jet Machining Centers, HydraPower Shear, and Piranha P-50 Ironworker. With four certified welders and 125+ years of combined experience, they serve diverse industries including marine, agriculture, and general manufacturing, working with aluminum, mild steel, and stainless steel.

Differentiator

Problem solved

Functional benefit

Products and services

• Laser Cutting

Quantifiable outcome

• High-quality edge finishes that usually don't require additional cleaning, treating, or finishing
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves3 records

Regional players

• Dynamic Fabrication: Custom metal fabrication and welding shop with similar laser cutting, forming, and welding services. Comparable size and capability set, positioned in a different regional market rather than directly competing in Indiana.

Direct peers

• Norlen Inc. Custom metal stamping and fabrication shop serving the Midwest from Wisconsin, with capabilities in laser cutting, welding, and assembly. Comparable size and project-based custom work for industrial OEM customers.
• Mayville Engineering Company (MEC): Wisconsin-based contract manufacturer providing metal fabrication, machining, and coating services to industrial and commercial markets. Highly comparable capability stack and geographic footprint, with a larger scale and public-company visibility.
• BTD Manufacturing: Minnesota-based custom metal fabricator offering laser cutting, stamping, welding, and assembly for industrial customers. Closely comparable to Precision Fabrication in service mix, customer base (Midwest manufacturers), and mid-market project orientation.

Broad incumbents

• Worthington Industries: Large, publicly traded diversified metal processor with steel processing, pressure cylinders, and fabricated components. Overlaps with Precision Fabrication on metal forming and custom fabrication but operates at much greater scale and with broader product lines.
• Trinity Industries: Large diversified industrial company with significant structural steel and fabricated metal product manufacturing. Overlaps with Precision Fabrication on heavy fabricated metal work, particularly structural and industrial applications.
• Valmont Industries: Global manufacturer of fabricated metal products serving infrastructure, agriculture, and industrial markets. Comparable end-markets (agricultural, industrial) and metal fabrication capabilities, though at enterprise scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/prefabfw
• LinkedInlinkedin.com/company/precision-fabrications

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Fabrication